Binance hack demonstrates that most of cryptocurrencies are not decentralized. They are just another financial scam controlled by the Satanic Cabal.

Tether and Circle, the issuers of the two largest dollar stablecoins, initially froze well over $1 billion of the stolen funds from today's Binance hack. On the surface this looks like a rescue. In reality it is a demonstration of raw centralized power. A handful of corporate issuers can reach into the blockchain and freeze assets at will, with no court, no jury, and no due process for the holder.

This directly contradicts the decentralized ethos that made cryptocurrency worth owning in the first place. Stablecoins are permissioned instruments -- they are dollars wearing a blockchain costume. Stablecoin holders do not own a bearer asset; they own a claim on a company that can censor it.

In other words, you don't really own USDT even if you hold it. It can be turned off remotely, without your knowledge or consent.

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